Coffee: Regional Sales drop 17%

  • Friday, October 25, 2019
During the first three months of the year, coffee exports from Central American countries totaled $747 million, 17% less than what was reported for the same period in 2018.

Figures from the Trade Intelligence Unit at CentralAmericaData: Click to interact with graphicClick to interact with graphic

Explore data in the interactive chart.

Honduras, Main Seller
In the first quarter of 2019, the main coffee exporter in Central America was Honduras with $323 million, followed by Guatemala with $185 million, Nicaragua with $130 million, Costa Rica with $75 million, El Salvador with $32 million and Panama with $2 million.

Variation in Regional Exports
Between the first quarter of 2018 and the same period in 2019, the value exported from the region fell 17%, from $894 million to $747 million.

The year-on-year contraction in sales in the first quarter of 2018 is partly explained by the behavior of exports to Belgium, which fell from $141 million to $76 million.

Export Prices
Largely because of international grain prices, in the last seven years the average price of regional coffee exports has shown a clear downward trend, from $4.72 per kilo in March 2012 to $2.54 in the same month in 2019.

Destination of Exports
In the first quarter of the year, 35% of the value exported from Central America went to the U.S., 15% to Germany, 10% to Belgium, 6% to Italy and 4% to Japan.

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